T&K Toka Co., Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024
November 30, 2023 at 03:00 am EST
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T&K Toka Co., Ltd. revised consolidated and non-consolidated earnings guidance for the fiscal year ending March 31, 2024. For the period, on consolidated basis the company now expects net sales of JPY 45,500 million against the previous guidance of JPY 45,500 million a year ago, operating profit of JPY 900 million against the previous guidance of JPY 900 million a year ago, profit attributable to owners of parent of JPY 1,920 million against the previous guidance of JPY 1,500 million a year ago and earnings per share of JPY 85.46 against the previous guidance of JPY 66.77 a year ago.
For the period, on non-consolidated basis, the company now expects net sales of JPY 35,930 million against the previous guidance of JPY 35,930 million a year ago, operating profit of JPY 1,000 million against the previous guidance of JPY 1,000 million a year ago, net income of JPY 3,000 million against the previous guidance of JPY 1,780 million a year ago and earnings per share of JPY 133.54 against the previous guidance of JPY 79.23 a year ago.
T&K TOKA CO.,LTD. is a Japan-based company engaged in sale of printing ink, printing related equipment, printing machines and synthetic resins. The Company is mainly engaged in the sale, import and export of printing inks, synthetic resins for printing, paints and adhesives, printing related materials and equipment. Its main products are UV curable ink, lithographic ink (offset ink), resin letterpress ink (flexo ink), gravure ink, inks for metal printing, special function ink and synthetic resin. In addition, the Company is engaged in industrial waste incineration business and life and casualty insurance agency business.